5509 Calaveras Way San Antonio, TX 78253
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About this home
Welcome to this beautifully updated and spacious two-story home, offering 2,701 square feet of comfortable living space with 4 generously sized bedrooms and 2.5 bathrooms. Step inside to find freshly painted walls and wood-look tile flooring throughout the main level, creating a warm, modern atmosphere. The open-concept layout offers seamless flow between the kitchen, dining, and living areas-ideal for everyday living and entertaining alike. The kitchen features rich wood cabinetry accented by soft white backlighting and a rustic tile backsplash, creating an inviting space for cooking and gathering. A large breakfast bar comfortably seats four, perfect for casual meals or morning coffee. The dining area, just off the kitchen, overlooks the backyard, while the cozy living room is anchored by a neutral-toned brick fireplace that adds charm and character. Upstairs, you'll find all four bedrooms-including three spacious secondary rooms (two with walk-in closets)-as well as a full bath and an open game room. Brand new carpet throughout the second floor adds a fresh and comfortable feel. The private master suite is tucked off the game room and includes a generous walk-in closet and a well-appointed bathroom with a double vanity, glass-enclosed shower, and garden tub. Step outside to a huge covered patio, partially styled with a pergola-like extension-perfect for hosting gatherings, enjoying BBQs, or relaxing in the shade. The backyard is ideally sized-not too big, not too small-and is enhanced by two beautiful mature trees that provide a peaceful, shaded retreat. With fresh interior updates, open-concept design, and standout outdoor living space, this home is move-in ready and full of charm.
Source: SABOR #1871096
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.